Federal Treasurer Wayne Swan says all tax payers will benefit from tax cuts in next month's Budget - but low and middle income earners will be the biggest winners.
People earning $40,000 will receive cuts worth around $20 a week but Mr Swan says the cuts will not be restricted to lower income groups.
"Certainly everybody's getting a bit, but as you'd be aware, compared to the Coalition, we've pulled back some of their proposals to deliver tax relief at the very top," he said.
"We think it's really important that we have some fairness in the tax system.
"These people [that] have missed out substantially in the last decade or so when it's come to the priorities of the previous government, they're fairly and squarely the priority of the Rudd Labor Government."
-abc.net.au
